The Medicare Modernization Act passed by Congress in 2003 instructed the Secretary of Commerce to conduct a study on OECD drug price controls and the implications for US consumers. The US Department of Commerce, International Trade Administration released the results of its study December 2004.

Pharmaceutical Price Controls in OECD Countries: Implications for US Consumers, Pricing, Research and Development, US Department of Commerce, December 2004. http://www.ita.doc.gov/drugpricingstudy